Being aware of the fact that Latvia is in a phase of booming development and even in case of an end of this will stay with growth rates far above those in most parts of Europe, the Austrian business society is more active than ever in Latvia. In its support to the improvement of bilateral trade and exchange of services, the Commercial Section of the Austrian Embassy in Riga is offering more possibilities than ever in 2008 to strengthen this positive development. Events scheduled for 2008 include
- two Trade Missions (11.03. and 30.09.), with the opportunity of individual talks with the Austrian participants. List of participants will be available and published on this side about one month before the event.
- a visit of a delegation of important Tirolean entrepreneurs on 22.05. This event shall be used also to organize an Austrian-Latvian Business Forum.
- a "Forum" with the topic "Modernization of Industries". This includes a study about the actual situation in Latvian industry, a presentation of this study in Austria and a visit of a delegation of Austrian companies to Latvia, both for general information in situ and individual talks.
- two Austrian-Latvian Business Forums, where Latvian Businessmen with relations to Austria are invited to get some more information about Austria and have a pleasant evening.
- a study on the situation of biotechnology in Latvia and possibilities of cooperation between Austrian and Latvian companies and entities, encouraging the Austrian side either to meet with their Latvian counterpart at international events or organize a special Trade Mission to Riga.